Median Income
$112,683
household / year
Median Home Value
$351,500
owner-occupied
Median Rent
$1,500
gross / month
Cost of Living
104
national avg = 100

Is Farm Loop, AK a Good Place to Live?

Farm Loop is a small town of 2,561 in Alaska, with a median household income of $112,683 and a 7.8% unemployment rate. Its cost of living index is 104 (US average = 100), which is 4% above the national average.

Strengths: Farm Loop's profile is close to national averages across most measures.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Farm Loop is right for you depends on your priorities — the full breakdown is below.

All Farm Loop city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 104.5

Farm Loop's overall cost of living index is 104.5, where 100 represents the US national average. Living in Farm Loop costs roughly 4% more than the average American city.

Metric Farm Loop, AK National Avg
Median Home Value $351,500 $244,900
Median Monthly Rent $1,500 $1,163
Homeownership Rate 86.2% 65.9%
Median Household Income $112,683 $74,755

Crime & Safety

Crime data for Farm Loop is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Farm Loop, AK National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 29.8% 35.4%
High School Diploma or Higher 96.2% 91.1%

Weather & Climate

Farm Loop sees average highs of 22.4°F in January and 67.6°F in July, with 16.1 inches of annual precipitation and 82.5 inches of snow per year.

MetricFarm Loop, AK
Average High — January22.4°F
Average High — July67.6°F
Annual Precipitation16.1"
Annual Snowfall82.5"

Demographics

MetricFarm Loop, AKNational Avg
Population2,561
Median Age40.938.9
Unemployment Rate7.8%3.7%
Avg Commute Time31.8 min26 min
White (non-Hispanic)83.3%59.3%
Black or African American0.3%13.6%
Hispanic or Latino4.7%18.9%
Asian0.2%6.3%
Under 1823.2%22.2%
65 and over15.0%16.8%

Nearby Cities

Farm Loop vs Other Cities

Frequently Asked Questions

Farm Loop's cost of living index is 104, where 100 is the national average. That puts Farm Loop roughly 4% above the national average in cost. The median home price is $351,500 and median rent is $1,500/month.
Crime data for Farm Loop is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Farm Loop, AK has a population of 2,561, a median household income of $112,683, and an unemployment rate of 7.8%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Farm Loop averages 22.4°F in January and 67.6°F in July. Annual rainfall is 16.1 inches with about 82.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Farm Loop, Alaska is 2,561 with a median age of 40.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Farm Loop: cost of living index 104 (100 = US average), median home $351,500, median household income $112,683. Whether these are benefits or drawbacks depends on where you're coming from — compare Farm Loop side by side with your current city to see the trade-offs.